The Global Used Car Market is expected to grow by 34.53 mn units during 2020-2024, progressing at a CAGR of 6% during the forecast period

NEW YORK, March 30, 2020 /PRNewswire/ --

Global Used Car Market 2020-2024
The analyst has been monitoring the global used car market 2020-2024 and it is poised to grow by 34.53 mn units during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global used car market 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Read the full report: https://www.reportlinker.com/p04899102/?utm_source=PRN 

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by excellent value for money for used cars. In addition, increasing preference of the manufacturers toward online portals is anticipated to boost the growth of the global used car market 2020-2024 as well. 

Market Segmentation
The global used car market 2020-2024 is segmented as below:
Product:
• Mid Size
• Full Size
• Compact Size 

Geographic Segmentation:
• APAC
• Europe
• MEA
• North America
• South America 

Key Trends for global used car market 2020-2024 growth
This study identifies increasing preference of the manufacturers toward online portals as the prime reasons driving the global used car market 2020-2024 growth during the next few years. 

Prominent vendors in global used car market 2020-2024
We provide a detailed analysis of around 25 vendors operating in the global used car market 2020-2024, including some of the vendors such as Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Lithia Motors Inc., Penske Corp. Inc., Scout24 AG and TrueCar Inc. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Read the full report: https://www.reportlinker.com/p04899102/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

View original content:http://www.prnewswire.com/news-releases/the-global-used-car-market-is-expected-to-grow-by-34-53-mn-units-during-2020-2024--progressing-at-a-cagr-of-6-during-the-forecast-period-301031751.html

SOURCE Reportlinker